STR: Hotel occupancy improves week over week

U.S. hotel performance increased slightly during the week of Oct. 31 through Nov. 6 from the previous week, according to STR's latest data. Occupancy reached 59.8 percent, down 13 percent from the comparable week in 2019 but up from 58.9 percent the previous week.

Average daily rate reached $128.14, down 3.2 percent, while revenue per available room was $76.61, down 15.8 percent.

Top Markets

While none of the top 25 markets recorded an occupancy increase over 2019, Norfolk/Virginia Beach, Va., came closest to its 2019 comparable (down 5.2 percent to 59.9 percent). Oahu Island, Hawaii, experienced the steepest occupancy decline from 2019 (down 45 percent to 46.5 percent)

Miami reported the largest ADR increase when compared with 2019 (up 13.6 percent to $205.56).

The largest RevPAR deficits were in San Francisco/San Mateo (down 57.7 percent to $90.33) and Washington, D.C., (down 49.2 percent to $73.03).